Park City Property Taxes & Primary Residence Tax Exemption
Posted by Cindy Wallace on
Park City Property Taxes: A Must-Know for Luxury Home Buyers
Park City is a highly desirable place for property owners looking to relocate or purchase a second home. But with homeownership comes the responsibility of understanding local property tax laws — and over the past 25+ years of helping clients buy and sell real estate in Summit and Wasatch Counties, I've heard just about every property tax question imaginable. One of the most common, especially from out-of-state buyers, is: "What is the property Tax Rate in Utah?"
How Property Taxes are Calculated in Utah
Plus: Why Tax Rates Vary Across Park City and Summit County Neighborhoods.
In Utah, property taxes are a joint effort between the state and local counties. While the state provides…
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